Why US home ownership has declined so dramatically among young people - ConsultFX

Why US home ownership has declined so dramatically among young people

Fed article on home ownership Just 36% of Americans aged 24-32 owned a home in 2014 compared to 45% in 2005 -- a nine percentage point drop. Many people think the reason is rising student debt. In that decade, average student loan burdens have doubled to $10,000 from $5,000. However the Fed isn't so sure that's the